Adairs (CHIA:ADH) - Stock Price, News & Analysis

ADH Stock Overview

Adairs Limited operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

About the company

ADH fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	2/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 74.4% below our estimate of its fair value

Earnings are forecast to grow 13.26% per year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record

Significant insider selling over the past 3 months

Adairs Limited Competitors

Nick Scali

ASX:NCK

AU$1.1b

Joyce

ASX:JYC

AU$117.5m

Temple & Webster Group

ASX:TPW

AU$1.4b

Peter Warren Automotive Holdings

ASX:PWR

AU$380.1m

Price History & Performance

Summary of all time highs, changes and price drops for Adairs
Historical stock prices
Current Share Price	AU$2.17
52 Week High	AU$2.66
52 Week Low	AU$1.19
Beta	1.79
1 Month Change	-11.43%
3 Month Change	29.55%
1 Year Change	-1.36%
3 Year Change	-55.53%
5 Year Change	15.58%
Change since IPO	-17.80%

Recent updates

Shareholder Returns

	ADH	AU Specialty Retail	AU Market
7D	-8.8%	-5.7%	-3.1%
1Y	-1.4%	18.3%	4.0%

Return vs Industry: ADH underperformed the Australian Specialty Retail industry which returned 18.3% over the past year.

Return vs Market: ADH underperformed the Australian Market which returned 4% over the past year.

Price Volatility

Is ADH's price volatile compared to industry and market?
ADH volatility
ADH Average Weekly Movement	7.5%
Specialty Retail Industry Average Movement	5.8%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.4%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: ADH has not had significant price volatility in the past 3 months.

Volatility Over Time: ADH's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1918	n/a	Mark Ronan	www.adairs.com.au

Adairs Limited operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand. It operates through three segments: Adairs, Mocka and Focus. The company offers bedroom products, such as bedlinen, bedding, and bedroom furniture and accessories; bathroom and laundry products, consisting of towels, bath mats and runners, bathrobes and slippers, bathroom accessories, and laundry and home care products, as well as beach and kids beach towels; furniture products, such as bedroom, office, living room, outdoor, and kids furniture; home and outdoor comprising home styling, home care and gifting, pets, outdoor, storage, and kitchen products; kid’s products, including kids bedlinen, bedding, décor, bathroom, furniture, christmas, and nursery; as well as gifting products and kid collection.

Adairs Limited Fundamentals Summary

How do Adairs's earnings and revenue compare to its market cap?
ADH fundamental statistics
Market cap	AU$377.31m
Earnings (TTM)	AU$33.73m
Revenue (TTM)	AU$599.52m

11.1x

P/E Ratio

0.6x

P/S Ratio

Is ADH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADH income statement (TTM)
Revenue	AU$599.52m
Cost of Revenue	AU$318.11m
Gross Profit	AU$281.41m
Other Expenses	AU$247.68m
Earnings	AU$33.73m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.19
Gross Margin	46.94%
Net Profit Margin	5.63%
Debt/Equity Ratio	37.1%

How did ADH perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

26%

Payout Ratio

ADH Stock Overview

Rewards

Risk Analysis

Adairs Limited Competitors

ASX:NCK

AU$1.1b

ASX:JYC

AU$117.5m

ASX:TPW

AU$1.4b

ASX:PWR

AU$380.1m

Price History & Performance

Recent News & Updates

Independent Non-Executive Director recently sold AU$613k worth of stock

Upcoming dividend of AU$0.05 per share

Investor sentiment improves as stock rises 30%

Dividend of AU$0.05 announced

First half 2024 earnings released: EPS: AU$0.10 (vs AU$0.13 in 1H 2023)

Insufficient new directors

Recent updates

Independent Non-Executive Director recently sold AU$613k worth of stock

Upcoming dividend of AU$0.05 per share

Investor sentiment improves as stock rises 30%

Dividend of AU$0.05 announced

First half 2024 earnings released: EPS: AU$0.10 (vs AU$0.13 in 1H 2023)

Insufficient new directors

Adairs Limited to Report Q2, 2024 Results on Feb 26, 2024

Investor sentiment improves as stock rises 22%

Adairs Limited Announces Executive Appointments

Adairs Limited, Annual General Meeting, Nov 24, 2023

Full year 2023 earnings released: EPS: AU$0.22 (vs AU$0.26 in FY 2022)

Adairs Limited Announces Michael Cherubino to Step Down as A Director

Investor sentiment deteriorates as stock falls 16%

New major risk - Revenue and earnings growth

Investor sentiment improves as stock rises 17%

Investor sentiment deteriorates as stock falls 16%

Adairs Limited to Report Fiscal Year 2023 Results on Aug 21, 2023

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of AU$0.08 per share at 7.9% yield

First half 2023 earnings released: EPS: AU$0.13 (vs AU$0.10 in 1H 2022)

Adairs Limited Declares Interim Fully Franked Dividend, Payable on 6 April 2023

Investor sentiment deteriorates as stock falls 17%

Adairs Limited to Report First Half, 2023 Results on Feb 20, 2023

Investor sentiment improved over the past week

Upcoming dividend of AU$0.10 per share

Full year 2022 earnings released: EPS: AU$0.26 (vs AU$0.38 in FY 2021)

Adairs Limited Declares Ordinary Fully Paid Distribution for the Period of Six Months Ended June 26, 2022, Payable on September 22, 2022

Adairs Limited, Annual General Meeting, Oct 21, 2022

Adairs Limited to Report Second Half, 2022 Results on Aug 22, 2022

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

Adairs Limited Announces Resignation of Simon West as Non Executive Director

Upcoming dividend of AU$0.08 per share

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Adairs Limited Declares Ordinary Distribution for the Six Months Ended December 26, 2021, Payable on April 14, 2022

Adairs Limited to Report First Half, 2022 Results on Feb 21, 2022

Investor sentiment deteriorated over the past week

Independent Non-Executive Director recently bought AU$68k worth of stock

Adairs Limited (ASX:ADH) completed the acquisition of Focus On Furniture Pty Ltd.

Adairs Limited (ASX:ADH) agreed to acquire Focus On Furniture from Rob Santalucia and others for an enterprise value of AUD 80 million.

Upcoming dividend of AU$0.10 per share

Non-Executive Chairman recently bought AU$250k worth of stock

Full year 2021 earnings released: EPS AU$0.38 (vs AU$0.21 in FY 2020)

Investor sentiment improved over the past week

Revenue in line with expectations

First half 2021 earnings released: EPS AU$0.26 (vs AU$0.079 in 1H 2020)

New 90-day high: AU$4.09

Adairs Limited to Report First Half, 2021 Results on Feb 16, 2021

Adairs Limited Appoints Brett Chenoweth as Non-Executive Chairman

Market pulls back on stock over the past week

Market bids up stock over the past week

New 90-day high: AU$3.68

Independent Non-Executive Director recently bought AU$97k worth of stock

Full year earnings released - EPS AU$0.21

New 90-day high - AU$3.45

Full year earnings released - EPS AU$0.21

New 90-day high - AU$2.52

Shareholder Returns